According to CoinMeta, Hive Digital Technologies transformed its mining facilities into GPU cloud services through its subsidiary Buzz HPC and signed a contract totaling $570 million. In June, it signed a $220 million agreement with Bell AI Fabric to deploy 2,304 units of NVIDIA Grace Blackwell GPU8. In April, it signed a $350 million agreement with an unnamed company, which involved 2,016 units of GB300 GPU. Hive plans to build a 320-megawatt AI superfactory in the Toronto area, with an investment of about C$3.5 billion, and is expected to begin operations in the second half of 2027.